Cyber security regulations tend to cover the most common matters that arise from cyber threats. These matters include a focus on criminal activity, corporate governance, insurance matters, and the jurisdiction of law enforcement. Current Cybersecurity laws fines as significant as five million dollars and lengthy jail terms have been put in place to curb such activities.
Watch the video to know more about the need for Cybersecurity laws and regulations –
Cybersecurity’s importance is on the rise. Fundamentally, our society is more technologically reliant than ever before and there is no sign that this trend will slow. Sensitive information like social security numbers, credit card information and bank account details are now stored in cloud storage services like DropBox or Google Drive. The impact of cybercrime on the economy, reputation is also discussed. People should no longer be asking why is cybersecurity important, but how can one ensure they as an individual’s cybersecurity practices are sufficient to comply with GDPR and other cyber security regulations and to protect themselves against sophisticated cyber attacks.